The Newmarket real estate market showed signs of renewed momentum this May, driven by a surge in inventory, solid buyer activity, and a stabilizing interest rate environment. Here’s what you need to know:
🔄 Sales Activity Rebounds Month-over-Month
A total of 87 homes sold in Newmarket in May 2025, a 31.8% increase from April’s 66 sales. While that’s a strong rebound on a monthly basis, year-over-year sales are still down 4.4%, compared to 91 transactions in May 2024. The data reflects a market in transition: recovering from slower winter months, but not yet surpassing last year’s pace.
📦 Inventory Levels Surge Over 56%
The most dramatic shift this month is the surge in inventory. As of May 31st, there were 411 active listings in Newmarket—up from 263 listings a year ago. That’s a 56.3% increase in available homes, marking a significant shift in market dynamics.
This flood of new inventory gives buyers more leverage and greater choice, with less urgency to compete in bidding wars. If this trend continues, it could apply downward pressure on prices, making it crucial for sellers to price competitively and prepare their homes thoroughly.
📊 Key Market Stats at a Glance
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Median Sale Price: $1,017,000
↓ 0.2% from April | ↓ 9.4% year-over-year
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Median Days on Market: 16 days
↓ from 19 days in April
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New Listings: 332
↑ 33% from April | ↑ 39.5% YoY
While prices are softening, demand remains solid, particularly for well-presented homes in desirable areas. The median days on market dropped to 16, down from 19 in April, showing that motivated buyers are still making moves when the right property hits the market.
🏦 Rate Stability Offers Buyers Confidence
The Bank of Canada’s decision to hold interest rates steady has helped restore confidence for both buyers and sellers. With borrowing costs unchanged and a potential rate cut expected at the July 30th announcement, many are seeing this as a window of opportunity to enter or re-engage with the market.
🎓 Seller Workshop: Get Ahead of the Shift
If you’re a homeowner considering a move, now is a great time to understand where the market is heading. Our Free Home Seller Workshop covers exactly what today’s inventory trends and buyer behaviour mean for your home’s value, and how to position yourself for a successful sale in this new market climate.
📅 Space is limited, so be sure to register your spot today at:
🎯 Final Thoughts
With listings up, prices adjusting, and borrowing costs stable, Newmarket is entering a more balanced market, one that rewards timing, strategy, and preparation. Whether you’re buying or selling, now’s the time to make informed moves.
Have questions? Let’s talk.
